Who pockets the marina fuel profit?

[TonyQSC500]

I was told the majority of the higher cost is due to insurance.

 

[ZZ13]

Safe harbor is supposed to be offering fuel at their cost this year. Will be interesting to see how that is calculated lol

This just went up at our marina.

 

[Jus Cruisin]

Safe Harbor doesn't own the gas dock at Belle Maer Harbor so I generally end up filling up on the Clinton River.

 

[Brent Nutting]

Safe Harbor doesn't own the gas dock at Belle Maer Harbor so I generally end up filling up on the Clinton River.

I use to go to Roy's on the Clinton River for our fuel, they have good attendants that are well trained and very helpful.

 

[mrsrobinson]

Regarding fuel and oil additives, I did a project for Ethyl many many years ago: https://www.ethyl.com/

"Since 1921, Ethyl Corporation has provided chemical manufacturing and supply solutions to enhance the performance of products across diverse industries. Our more than 95 years of experience in worldwide chemical manufacturing means we are ready with the solutions you need today."

I had to work closing with the scientists, the big dogs, the crusty old salts, etc. to get my work done. One common message: their additives basically do nothing. I got to see the engine testing rooms, where they ran the engines for hours. days, weeks, months and then broke them down. This always stuck with me when I see a fuel/oil has this or that added to it.

 

[TimW]

…

One common message: their additives basically do nothing…

I maintain that ALL “snake oil” type products actually DO function as designed: They get people to open their wallets.

 

[Quint4]

I took on 100 gallons 2/8/23 for a 50 mile run to the coast at $3.99 gallon. Pump is self serve with a card reader.
Sadly, I was happy with the price...lol.

 

[dtfeld]

This just went up at our marina.
View attachment 139905

Considering the current market, those diesel prices (for Members) don’t seem out of line.

Russia just announced a production cut, so prices likely going up again.

 

[b_arrington]

This doesn’t cover the exact question in marina fuel, but it’s very closely related.



https://podcasts.apple.com/us/podcast/the-economics-of-everyday-things/id1666678354?i=1000595993217

 

[sbw1]

Many good points made above regarding how prices are set. First and foremost is the business plan of the marina. They need to stay in business and meet their financial requirements. High volume dealers may see better whole sale pricing and being close to a bulk terminal may help as well. The storage tank set up makes a difference as well. One local marina had its tanks filled by pumping fuel from the tanker to the storage tank. Takes extra time and costs more to deliver. Once they converted to new tanks with gravity dump drains the cost of delivery went down. Can't say if they passed the savings along or used the extra margin to pay for new tanks. Probably kept the margin to help the ROI. With capitalism prices are set as high as possible for as long as possible while still being competitive in the market place. Markets are brutal and efficient when free. That is why we have great choices as consumers. Starting controlling prices and you end up with shortages and bottlenecks.

 

[nelson Gay]

But as to who pockets the profit? The marina owners of course!

depends they have to carry insurance for fuel spills that a gas station does not so that is part of the extra expense

 

[highslice]

I took on 100 gallons 2/8/23 for a 50 mile run to the coast at $3.99 gallon. Pump is self serve with a card reader.
Sadly, I was happy with the price...lol.

View attachment 139927

Nice looking backyard.